Market Overview:
The global laser market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the global laser market can be attributed to factors such as technological advancements, rising demand for miniaturization and precision in products, and increasing adoption of lasers in various applications. Based on type, the fiber laser marking machine segment is expected to account for the largest share of the global laser market during the forecast period. This can be attributed to its advantages such as high speed, high accuracy, and low maintenance requirements over other types of lasers. Based on application, electronics is expected to account for the largest share of the global laser market duringthe forecast period.
Product Definition:
A laser is a device that emits light through a process of optical amplification based on the stimulated emission of electromagnetic radiation. The term "laser" originated as an acronym for "light amplification by stimulated emission of radiation". A laser differs from other sources of light in that it emits light coherently, with a very low divergence.
Fiber Laser Marking Machine:
Fiber laser marking machine is used for printing or branding on any flexible material like cloth, paper, plastic films and bottles. Fiber laser has a wide range of applications in various industries such as textile industry, packaging industry and consumer goods sector. The fiber laser marking machine works on the principle of thermal transfer which helps to print or brand images and designs onto flexible materials with high speed & accuracy.
CO2 Lasers Laser Marking Machine:
CO2 lasers are the most commonly used type of laser for marking and engraving applications. These lasers produce light in a very narrow bandwidth, which is typically used to mark or etch patterns into materials like metals, ceramics or glass. CO2 laser can be easily programmed and operate at high speed making it suitable for cutting-edge marking & engraving applications in electronics industry.
Application Insights:
The electronics segment dominated the global laser market in terms of revenue and is expected to maintain its dominance over the forecast period. The growth of this application segment can be attributed to increasing demand for high-tech products coupled with advanced technology adoption in emerging economies such as China, India, South Korea and Japan.
The hardware segment accounted for a significant share in the global market owing to growing demand from construction industry applications such as cutting metal sheets and glass. CO2 lasers are widely used across various marking applications due to their ability mark multiple materials at one go without causing any damage or heating up of material being marked.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for laser marking machines from various application industries. China, Japan, South Korea, India and Taiwan are some of the largest markets in this region. In addition, rising investments by companies such as Samsung Group; Foxconn Technology Group; Hewlett-Packard Enterprise Development LP.; BGI; Wistron Corporation; Shenzhen HCC Technology Co., Ltd.; Lanxess A GmbH & Co., KG and other major players are projected to drive regional growth over the next eight years.
The European market also held a significant share in terms of revenue owing to growing demand from several end-use industries such as electronics manufacturing, automotive parts production and others across countries including Germany, U.K.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.8% from 2016 to 2021. This is primarily due to the advantages offered by minimally invasive surgeries over traditional open surgery procedures, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Laser-based surgical procedures are particularly well suited for minimally invasive surgery due to their ability to precisely target tissues and organs without causing damage to surrounding structures.
- Growing demand for aesthetic treatments: The global market for aesthetic treatments is expected to grow at a CAGR of 9% from 2016-2021. This growth can be attributed largely to the increasing popularity of laser-based aesthetic treatments among consumers seeking non-invasive methods of improving their appearance. Lasers offer a number of advantages over other forms of aesthetics treatment such as radiofrequency (RF) ablation and ultrasound therapy, including greater precision and fewer side effects.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Market Research Report
By Type
Fiber Laser Marking Machine, CO2 Lasers Laser Marking Machine, Solid State Lasers Laser Marking Machine
By Application
Electronics, Packaging, Auto Parts, Hardware, Others
By Companies
Han's Laser, Telesis Technologies, Trumpf, Rofin, TYKMA Electrox, Trotec, FOBA, Gravotech, Videojet, Epilog Laser, Schmidt, Eurolaser, Huagong Tec, SIC Marking, Amada Miyachi, Laserstar, Universal Laser Systems, Mecco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Laser Market Report Segments:
The global Laser market is segmented on the basis of:
Types
Fiber Laser Marking Machine, CO2 Lasers Laser Marking Machine, Solid State Lasers Laser Marking Machine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronics, Packaging, Auto Parts, Hardware, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Han's Laser
- Telesis Technologies
- Trumpf
- Rofin
- TYKMA Electrox
- Trotec
- FOBA
- Gravotech
- Videojet
- Epilog Laser
- Schmidt
- Eurolaser
- Huagong Tec
- SIC Marking
- Amada Miyachi
- Laserstar
- Universal Laser Systems
- Mecco
Highlights of The Laser Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fiber Laser Marking Machine
- CO2 Lasers Laser Marking Machine
- Solid State Lasers Laser Marking Machine
- By Application:
- Electronics
- Packaging
- Auto Parts
- Hardware
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laser Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A laser is a device that emits light through a process of optical amplification. Lasers are used in many applications, including printing, cutting, welding and medical procedures.
Some of the key players operating in the laser market are Han's Laser, Telesis Technologies, Trumpf, Rofin, TYKMA Electrox, Trotec, FOBA, Gravotech, Videojet, Epilog Laser, Schmidt, Eurolaser, Huagong Tec, SIC Marking, Amada Miyachi, Laserstar, Universal Laser Systems, Mecco.
The laser market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laser Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laser Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laser Market Size & Forecast, 2020-2028
4.5.1 Laser Market Size and Y-o-Y Growth
4.5.2 Laser Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fiber Laser Marking Machine
5.2.2 CO2 Lasers Laser Marking Machine
5.2.3 Solid State Lasers Laser Marking Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Packaging
6.2.3 Auto Parts
6.2.4 Hardware
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laser Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fiber Laser Marking Machine
9.6.2 CO2 Lasers Laser Marking Machine
9.6.3 Solid State Lasers Laser Marking Machine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Packaging
9.10.3 Auto Parts
9.10.4 Hardware
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fiber Laser Marking Machine
10.6.2 CO2 Lasers Laser Marking Machine
10.6.3 Solid State Lasers Laser Marking Machine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Packaging
10.10.3 Auto Parts
10.10.4 Hardware
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fiber Laser Marking Machine
11.6.2 CO2 Lasers Laser Marking Machine
11.6.3 Solid State Lasers Laser Marking Machine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Packaging
11.10.3 Auto Parts
11.10.4 Hardware
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fiber Laser Marking Machine
12.6.2 CO2 Lasers Laser Marking Machine
12.6.3 Solid State Lasers Laser Marking Machine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Packaging
12.10.3 Auto Parts
12.10.4 Hardware
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fiber Laser Marking Machine
13.6.2 CO2 Lasers Laser Marking Machine
13.6.3 Solid State Lasers Laser Marking Machine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Packaging
13.10.3 Auto Parts
13.10.4 Hardware
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laser Market: Competitive Dashboard
14.2 Global Laser Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Han's Laser
14.3.2 Telesis Technologies
14.3.3 Trumpf
14.3.4 Rofin
14.3.5 TYKMA Electrox
14.3.6 Trotec
14.3.7 FOBA
14.3.8 Gravotech
14.3.9 Videojet
14.3.10 Epilog Laser
14.3.11 Schmidt
14.3.12 Eurolaser
14.3.13 Huagong Tec
14.3.14 SIC Marking
14.3.15 Amada Miyachi
14.3.16 Laserstar
14.3.17 Universal Laser Systems
14.3.18 Mecco
